ACCOUNTING AND AUDIT
KRYSHTOPA Iryna 1, NIKOLENKO Larysa 2
1SHEE “Kyiv National Economic University named after Vadym Hetman”
OrcID ID : https://orcid.org/0000-0003-1759-6472
2SHEE “Kyiv National Economic University named after Vadym Hetman”
OrcID ID : https://orcid.org/0000-0003-2721-9646
Country-by-country reporting: ensuring confidentiality and protection of information of multinational groups of companies
Introduction. Confidentiality and protection of information contained in Country-by-Country Reports is one of the most important aspects of implementation of provisions of Action 13 of the Base erosion and Profit Shifting Action Plan (BEPS Action Plan) into national legislation of countries around the world. Problem statement. Considering Ukraine`s commitments to Organization for Economic Cooperation and Development (ОЕСD) in frames of combating against tax evasion by multinational groups of companies, a particular relevance receives the study of model legislation on confidentiality and protection of information, which is the subject of voluntary automatic exchange between countries, and approaches to its implementation into national legislation. Purpose. Complementary analysis of institutional basis for ensuring confidentiality and protection of information that is the subject of exchange between OECD member countries in frames of the BEPS Action Plan. Materials and methods. The research is based on a combination of general scientific methods, methods of comparison and empirical approach. Results. The need for harmonization of domestic legislation with OECD regulatory requirements that regulate confidentiality of information on taxpayers (including information exchanged in accordance with international agreements) has been substantiated. Conclusions. Based on the results of the conducted research it has been proved that there is the need for further improvement of institutional provision of protection and confidentiality of tax information, including information exchanged in accordance with international agreements.
Keywords:BEPS, protection of information, confidential information, exchange of tax information, Country-by-Country Reports
JEL: Н29
Kryshtopa I. . Country-by-country reporting: ensuring confidentiality and protection of information of multinational groups of companies / I. Kryshtopa, L. Nikolenko // Фінанси України. - 2021. - № 8. - C. 113-124.
| Article original in Ukrainian (pp. 113 - 124) | Download | Downloads :139 |
1. OECD. (2021). Action 13 Country-by-Country Reporting. Retrieved from www.oecd.org/tax/beps/beps-actions/action13/.
2. Aleksentsev, A. I. (2003). Confi dential proceedings. Retrieved from altairbook.com/books/1490428-konfi dencialnoe-deloproizvodstvo.html [in Russian].
3. Shudrova, K. (2012). On the levels of confi dential information. Security Director, pp. 24–29. Retrieved from euroasia-science.ru/tehnicheskie-nauki [in Russian].
4. Fatyanov, A. A. (1997). Problems of protection of confi dential information that does not constitute a state secret. Retrieved from emag.iis.ru/arc/infosoc/emag.nsf/BPA/18443727c1ac086ec32575be002e62c3 [in Russian].
5. Ivanov, O. S. (2018). International coordination of countries in relation to the problem of erosion of the taxable base and profit transfer. Retrieved from cyberleninka.ru/article/n/mezhdunarodnaya-koordinatsiya-stran-v-otnosheni i-problemy-ra zmy t iyanalogooblagaemoy-bazy-i-peremescheniya-pribyli [in Russian].
6. OECD. (1998, January 25). Convention on Mutual Administrative Assistance in Tax Matters (ETS 127). Retrieved from zakon.rada.gov.ua/laws/show/994_325 [in Ukrainian].
7. Verkhovna Rada of Ukraine. (1992). About information (Act No. 2658-XII, October 2). Retrieved from zakon.rada.gov.ua/laws/show/2657-12#Text [in Ukrainian].
8. Verkhovna Rada of Ukraine. (1994). On information protection in information and telecommunication systems (Act No. 81/94-VR, July 5). Retrieved from zakon.rada.gov.ua/laws/show/80/94-%D0%B2%D1%80#Text [in Ukrainian].
9. Verkhovna Rada of Ukraine. (2011). About access to public information (Act No. 2939-V, January 13). Retrieved from zakon.rada.gov.ua/laws/show/2939-17#Text [in Ukrainian].
10. Cabinet of Ministers of Ukraine. (2006). About approval Rules for ensuring protection information in information, telecommunication systems (Decree No. 373, March 29). Retrieved from zakon.rada.gov.ua/laws/show/373-2006-%D0%BF#Text [in Ukrainian].
11. State Fiscal Service of Ukraine. (2021). Bulletin. Offi cially about taxes. Retrieved from www.visnuk.com.ua/ [in Ukrainian].
